City government · Fulton County, GA

Palmetto's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Palmetto took in $13.6 million and spent $6.4 million.

Latest recorded year: ended June 30, 2024Estimated by the U.S. Census BureauComes fromGoes to

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Where it comes from

Fees for services (electric power, sewer)60%County and local tax money21%City taxes16%State tax money1.2%Federal tax money1.2%Fines and other0.8%

What stands out

21%

of Palmetto's money comes from county and other local tax money.Most U.S. cities, towns and villages of under 10,000 people get none.

City taxes16%

Property tax
9.3%$1.3 million
Other taxes
6.7%$915 thousand
What's in other taxesInsurance premium taxes; other licenses and 3 more
  • Insurance premium taxes$392 thousand
  • Other licenses$218 thousand
  • Alcoholic beverage taxes$116 thousand
  • Occupation and business licenses$97 thousand
  • Public utility taxes$92 thousand

Amounts are by Census tax category.

Fees for services60%

Fees for services
60%$8.2 million
What's in fees for servicesElectric power; sewer and 3 more
  • Electric power$4.7 million
  • Sewer$1.9 million
  • Other service charges$591 thousand
  • Water$540 thousand
  • Garbage collection$471 thousand

Amounts are by Census type of charge.

Federal tax money1.2%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
1.2%$162 thousand

State tax money1.2%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
1.2%$166 thousand

County and local tax money21%

Money passed on by the county or other local governments.

From the county and other local governments
21%$2.8 million

Fines and other0.8%

Fines
0.5%$74 thousand
Interest, rents and other
0.3%$37 thousand

Where it goes

Police, fire, courts and jails58%Running the government and other costs21%Water, sewer, trash and utilities10%Roads, transit and parking8.4%Interest on debt2.5%

What stands out

58%

of Palmetto's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails
58%$3.7 million
What's in police, fire, courts and jailsPolice and fire protection
  • Police$1.9 million
  • Fire protection$1.8 million
Running the government and other costs
21%$1.3 million
What's in running the government and other costsCentral staff services (personnel, purchasing, technology) and other and not broken out
  • Central staff services (personnel, purchasing, technology)$1.3 million
  • Other and not broken out$92 thousand
Water, sewer, trash and utilities
10%$641 thousand
What's in water, sewer, trash and utilitiesGarbage and solid waste; sewer systems and 2 more
  • Garbage and solid waste$337 thousand
  • Sewer systems$129 thousand
  • Electric power$103 thousand
  • Water supply$72 thousand
Roads, transit and parking
8.4%$541 thousand
What's in roads, transit and parkingRoads and highways
  • Roads and highways$541 thousand
Interest on debt
2.5%$163 thousand
Sources and moreWhere these numbers come from and what they cover

City of Palmetto. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024. Most of this government's figures were estimated by the U.S. Census Bureau from a sample; the government did not report them itself.

What this covers. The money of City of Palmetto itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.